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Dec 3, 2012
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and uk over those libor claims. it's monday, a new month for us here, december 3rd, 2012, and "squawk box" begins right now.
and uk over those libor claims. it's monday, a new month for us here, december 3rd, 2012, and "squawk box" begins right now.
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Dec 11, 2012
12/12
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uk based assets of a failing u.s. bank. the offer, which was not reciprocated, is part of an attempt by regulators in controlling the risk of institutions collapsing. >>> and the 20th position to hold a ceo at a fortune 500 case. and 16.6% are at the broad end of the fortune 500 firms. with more on the catalyst 2012 fortune 500 consensus is deborah gillis. deborah, thanks for joining us. why has the number not improved in sort of seven years? >> well, if you say it's been seven years and barely any movement in terms of women's representation on -- and, in fact, very little movement over the last three years for women in executive officer positions. why is that? it's certainly not a supply problem. we know that there are many women with the skills and experience to serve on corporate boards. in fact, our research shows that if you look at the executive officer pool and the fortune 500, there are 710 women with the skills and experience to serve on corporate boards. so we really need to dispel the myth that it's the sup
uk based assets of a failing u.s. bank. the offer, which was not reciprocated, is part of an attempt by regulators in controlling the risk of institutions collapsing. >>> and the 20th position to hold a ceo at a fortune 500 case. and 16.6% are at the broad end of the fortune 500 firms. with more on the catalyst 2012 fortune 500 consensus is deborah gillis. deborah, thanks for joining us. why has the number not improved in sort of seven years? >> well, if you say it's been seven...
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Dec 21, 2012
12/12
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. >> well, as far as the uk stock market is concerned, people focus often on the uk economy. the economy next year could do a bit better than this year. it may be the economy that shows the biggest improvement, believe it or not, in its gdp growth rate. that improvement, though, we think is flattering the underlying reality. but stock markets, the uk stock market is a little about the like chelsea, arsenal and man dhefter city. a lot of the glamorous, exciting players are not based in the uk to begin with. it's an international stock market and it's very dominated by the resources sector. we quite like energy, but we're not so keen on the materials. we don't think the uk is going to do as well as the s&p or the euro stocks. we're expecting markets to be more strong because local expectations are going to be overly depressed and they matter. >> kevin, briefly, what about the yen? this seems to be one of the biggest stories for the bank of japan. do you bet on the bank of japan here? >> we expect them to loosen and of coursively push the yen down. the only qualification one has
. >> well, as far as the uk stock market is concerned, people focus often on the uk economy. the economy next year could do a bit better than this year. it may be the economy that shows the biggest improvement, believe it or not, in its gdp growth rate. that improvement, though, we think is flattering the underlying reality. but stock markets, the uk stock market is a little about the like chelsea, arsenal and man dhefter city. a lot of the glamorous, exciting players are not based in the...
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Dec 18, 2012
12/12
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uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this year. if it weren't for the fiscal cliff, this is actually a big source of stimulus for households. absolutely. i don't want to make too much about it, but the biggest attacks oeft with the and elevated since the mid '70s, it could be coming to an end. so i think that is something we need to be aware of. the annual fuel rate in the uk is about 15 billion to consumers. you're looking at another percent on income. so as i'm sitting down righting the income for next year, it's not all doom and gloom, the mood is similar to last year where next year it's too horrendous to count. >>
uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this year. if it weren't for the fiscal cliff, this is...
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Dec 5, 2012
12/12
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the problem lies in the uk tax code, isn't it? >> indeed. the uk tax code is complicated. and that in itself provides an opportunity for companies to plan. also some of what they want to do. it's very important to make this distinction between avoidance and evasion. evasion is illegal. avoidance is looking at the law and seeing what opportunities there are to minimize costs and tax is just another cost of doing business. >> so the long and the short of it is successive governments, whether they be coalition, torrey, labor governments have made a right mess. why is that this tone that is so complicated that creates all these opportunities for avoidance? >> it's because people have built anti-avoidance legislation on anti-avoidance legislation rather than actually thought about what they're trying to tax. but part of the problem with the u.s. companies from the government's perspective is that the international tax regime worked quite well when profits tended to be made in the same country that sales are made in, but the pac have got excited about the fact that sales are hig
the problem lies in the uk tax code, isn't it? >> indeed. the uk tax code is complicated. and that in itself provides an opportunity for companies to plan. also some of what they want to do. it's very important to make this distinction between avoidance and evasion. evasion is illegal. avoidance is looking at the law and seeing what opportunities there are to minimize costs and tax is just another cost of doing business. >> so the long and the short of it is successive governments,...
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Dec 28, 2012
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joining us is allen higgins, chief investment officer for the uk coutts. good morning. >> good morning. >> so we've had 12 years of exposure to gold. you're limiting it now. why? >> it's starting to lag, but more subtly from a portfolio construction perspective, it's lost its negative correlation. for example, quarter 2010, well, euro crisis won when we had equity markets down a lot then gold really surged forward, giving a negative correlation. and so for the portfolio manager at coutts, it has been at times a legal high gold exposure surging upwards in times of stress. for those days seem to have gone. trimming it. that is a fact that there's a real shortage of low risk investments of on german bunch negative. >> but you're saying it's trading like other risk assets at the moment. >> at times, it's correlated with em. so it's less attractive from a portfolio construction perspective as compared to what it was. >> it's fascinating because we've been talking about one theme for 2013 being is it a stock picker's market, are we seeing less differentiation, w
joining us is allen higgins, chief investment officer for the uk coutts. good morning. >> good morning. >> so we've had 12 years of exposure to gold. you're limiting it now. why? >> it's starting to lag, but more subtly from a portfolio construction perspective, it's lost its negative correlation. for example, quarter 2010, well, euro crisis won when we had equity markets down a lot then gold really surged forward, giving a negative correlation. and so for the portfolio...
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Dec 20, 2012
12/12
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that gilt in the uk, keeping an eye on it, it is falling a little bit. 1.95% after a soft set of uk retail sales figures. spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor, sell the fact move. now, house republicans plan to bring their tax bill to a floor vote today. this as tensions over the white house over the fiscal cliff have started to rise. it's unclear what the bill, known as plan b, will look like. house speaker john boehner has reportedly added spending cuts to convince members it will be worth the vote. president obama has threatened to veto the bill. the president says he's puzzled by what's holding up budget talkes and that house republicans should stop trying to score a point against him. >> take the deal. you know, they will be able to claim that they have
that gilt in the uk, keeping an eye on it, it is falling a little bit. 1.95% after a soft set of uk retail sales figures. spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor,...
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Dec 24, 2012
12/12
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all of us across the uk can expect to see rain coming through today. it is moving, as you say, from west to east. things should start to improve in western areas as we go into the afternoon and the evening. and that, then, brings us into a day for tomorrow where we'll see a mixture of sunshine and showers. so the last of the heaviest rain is beginning to move away from the uk just at the moment. >> helen, hi, it's louisa. we're seeing some pictures as you're speaking of how it's affecting transportation surfaces. have you seeing it affect a large portion of real networks across the uk or is it kind of in certain districts? >> the rail networks have clearly been affected. the rain caused some damage to rail tracks last month down in the southwest. and, of course, with the river so high now, any amount of rain is going to add to difficulties with transport disruption. not only on the rails, but on the roads, as well, because the ground is saturated. because there is nowhere for this new rain that falls to grow. we are not out of the woods when it comes t
all of us across the uk can expect to see rain coming through today. it is moving, as you say, from west to east. things should start to improve in western areas as we go into the afternoon and the evening. and that, then, brings us into a day for tomorrow where we'll see a mixture of sunshine and showers. so the last of the heaviest rain is beginning to move away from the uk just at the moment. >> helen, hi, it's louisa. we're seeing some pictures as you're speaking of how it's affecting...
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Dec 31, 2012
12/12
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so, let the uk youth parliament ld the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. pplause] >> and his wife, have always been interested i youth issues and the concerns of young people and that is reflected again today and appreciate it. >>> okays, somebody from the northwest. yes? the gentleman there waving with both hands. indeed, you, sir. >> yes. first of all, social cohesion, and before the riots, they were horrible. i don't think anybody -- what was the root of that? social cohesion. tension between people. we don't get along. this curriculum. we can learn to work together. education is our future. knowledge is power. we want power or want to be weak? do you want to have knowledge or let light shine on what we are? [applause] >> what about the southwest. who
so, let the uk youth parliament ld the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. pplause] >> and his wife, have always been interested i youth issues and the concerns of young people and that is reflected again today...
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Dec 26, 2012
12/12
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bringing us heavy rain and icing conditions in portions of the uk. seeing slippery roads out here, also gusty winds pushing off toward the low country, also seeing heavy rainfall and into the alpine regions, winds gusting up to right around 100 kilometers per hour could be expected here, plus heavy snowfall. the good news outside of the mountains, temperatures for your high temperatures on your thursday are going to be mild here. london, a high of 8. paris, up to 11. look at rome and athens, both a pair of 17s here on your thursday. now here's a look at your extended forecast. >>> we'll be back in 30 minutes with more news. i'm gene otani in tokyo. from all of us at nhk news, have a great day. thanks for joining us. have a great day wherever you are.
bringing us heavy rain and icing conditions in portions of the uk. seeing slippery roads out here, also gusty winds pushing off toward the low country, also seeing heavy rainfall and into the alpine regions, winds gusting up to right around 100 kilometers per hour could be expected here, plus heavy snowfall. the good news outside of the mountains, temperatures for your high temperatures on your thursday are going to be mild here. london, a high of 8. paris, up to 11. look at rome and athens,...
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earth all over stuff all over your head i doubt that us thinks like uk i think that you have it out. of. the journey has come to an end alexei never said seth green is his horse for the last time before setting off home. let me have your leg but you need to brush your easy now bubble. good boy. the noble beasts will with his. will travel with those by coach he's in high spirits because he won't be home sick for much longer but his joy is monitored by the prospect of pouncing with his beloved holes in his arms still i'm so attached to him i can't bear the thought that will have to eventually part with him he's very tender and and beady. i call him my little lamb sometimes. he'll be missing me too and don't know whether he'll be able to get used to a new master. and finally because next perform with the horses for the very last time before going to. displace the bloody conflict the napoleonic walls brought france and russia closer together the soviet union had a special relationship of france despite being a member of nato the. today hundreds of thousands of cars that descendents still
earth all over stuff all over your head i doubt that us thinks like uk i think that you have it out. of. the journey has come to an end alexei never said seth green is his horse for the last time before setting off home. let me have your leg but you need to brush your easy now bubble. good boy. the noble beasts will with his. will travel with those by coach he's in high spirits because he won't be home sick for much longer but his joy is monitored by the prospect of pouncing with his beloved...
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reports from the capital and whether the bright lights are leaving too many citizens in the uk it is. one of the most beautiful cities in the world but the french live. this city. as one of the most important events. this year in central paris alone the famous chancellor installing christmas lights wasn't cheap at christmas elimination because they're on a one million euros it shop on the shelves that he is contributing to the christmas lighting depending on the number of trees they have in front of their of their shop eighty percent money money from the shops of the shows an easy. twenty percent this money city hall but the budget has gone up by a third across the whole country in a year where the average person has struggled financially the authorities say they're splashing out the extra millions to help people forget how little they have . but there is crisis there is financial difficulty people have less money to spend so we have to create a festive atmosphere to give them back the will to buy and celebrate it's clear that you're in crises in developed countries people tend to eco
reports from the capital and whether the bright lights are leaving too many citizens in the uk it is. one of the most beautiful cities in the world but the french live. this city. as one of the most important events. this year in central paris alone the famous chancellor installing christmas lights wasn't cheap at christmas elimination because they're on a one million euros it shop on the shelves that he is contributing to the christmas lighting depending on the number of trees they have in...
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Dec 6, 2012
12/12
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they don't think they're operating quite the same way here in the uk. for example, local bank managers relationship managers are not given the sap kind of discretion to make lending decisions in respect to businesses in their community that they know that they see every day. so we have to change the culture in our banks. but there is also a market failure in terms of having a financial services sector of small to medium sized businesses and that's why p opposition is arguing strongly for british investment bank. we're alone in not having a state backed investment institution to plug that market failure. and i think the officer of budget responsibility, our independent fiscal council here, has made clear part of what is holding back growth is this credit problem that we have. now, sure of course the eurozone affects the wholesale money markets, but there are things that you can do domestically to address that. and if you look at, say, sorry to use germany constantly, but during the liquidity crunch in 2009, germany investment bank kfw was able to immedia
they don't think they're operating quite the same way here in the uk. for example, local bank managers relationship managers are not given the sap kind of discretion to make lending decisions in respect to businesses in their community that they know that they see every day. so we have to change the culture in our banks. but there is also a market failure in terms of having a financial services sector of small to medium sized businesses and that's why p opposition is arguing strongly for...
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Dec 12, 2012
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given the fact that unemployment is now lower in scotland than the rest of the uk, will he follow the lead of the scottish government by introducing a more shovel-ready measures for economic growth? >> i think what the honorable gentleman will find is because of the measures taken in the autumn statement, there's an extra 300 million pounds for the scottish government to spend, so if they want to spend that on shovel-ready measures they can. but i certainly am happy to say that when good policies are introduced in any party, in the united kingdom to i think we all have the opportunity to follow them. >> order. statements, the prime minister. >> here on c-span2 we will leave the british house of commons now as they move onto other legislative business. you've been watching prime minister's questions time era questions time error of life wednesdays at 7 a.m. eastern of parliament is in session. you can see this week's question time again monday night -- sunday night on c-span. for more information go to c-span.org. click on c-span series for prime minister's question. plus links to inte
given the fact that unemployment is now lower in scotland than the rest of the uk, will he follow the lead of the scottish government by introducing a more shovel-ready measures for economic growth? >> i think what the honorable gentleman will find is because of the measures taken in the autumn statement, there's an extra 300 million pounds for the scottish government to spend, so if they want to spend that on shovel-ready measures they can. but i certainly am happy to say that when good...
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some power who rosmah zell miller enjoyed a break at home in the southeast of sweden his team mate uk midmost son will be busy playing for his country nigeria yeah for me i think i don't have any freedia feelings because i'm going to death to come up with have it done and maintain deny me so i think i don't have anybody the fans watching serious cause game with mordovia were relatively well off with the temperature only dropping to minus five however both they and the players will be absolutely delighted is beyond him and will be in a great position to end their seven year wait to win the russian premier league title when the season resumes in two thousand and thirteen put him on board for a donte moscow. until i saw king now and pavel that's inspired a mighty come by quite a scam but it wasn't enough to overcome alexander ovechkin and get on my moscow as the two n.h.l. stars faced each other for the first time in like a shelf i thought i knew and has more. it was destined to be the game of the week and it was. great. coming face to face in the. open would have. been far from this spo
some power who rosmah zell miller enjoyed a break at home in the southeast of sweden his team mate uk midmost son will be busy playing for his country nigeria yeah for me i think i don't have any freedia feelings because i'm going to death to come up with have it done and maintain deny me so i think i don't have anybody the fans watching serious cause game with mordovia were relatively well off with the temperature only dropping to minus five however both they and the players will be absolutely...
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Dec 7, 2012
12/12
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we have industrial production coming out of the uk. if worse than expected, may get a negative q4 for the uk. italian yields are higher. spanish 5.54, just nudging a little higher. bunds down 1.29d% after the downgrade by the bundesbank, as well. draghi says we discussed it and again a big town great in inflation forecast, as well. some saying maybe they still won't, but it does knock the euro-dollar, 1.29d 25 is where we stand. dollar-yen 82.37. we talked about the yen in relation to what was going on with the earthquake. aussie dollar below 1.05. sterling-dollar just slightly weaker. that's where we stand as far as the european markets are concerned. let's get a wrap of the final trading day in asia this week. >> asian markets wrapped up the week on a mixed note. shanghai composite gained 1.6% and it's up over 4% on the week. stocks related to citi growth continued to surge as the new urbanization plan is aiming to boost investment plan. agriculture stocks up today on support policies. hang seng dragged lower by utility stocks. picc
we have industrial production coming out of the uk. if worse than expected, may get a negative q4 for the uk. italian yields are higher. spanish 5.54, just nudging a little higher. bunds down 1.29d% after the downgrade by the bundesbank, as well. draghi says we discussed it and again a big town great in inflation forecast, as well. some saying maybe they still won't, but it does knock the euro-dollar, 1.29d 25 is where we stand. dollar-yen 82.37. we talked about the yen in relation to what was...
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Dec 17, 2012
12/12
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>> the uk at the moment is showing clear signs of recovery. i think if we can through the first quarter of nkts year, it all will be recovering. i don't care expect this to be a real turn until the second half. as we go into the second half of next year, it will become clearer. even the eurozone is recovering. within that, you'll have very much the laggards. france won't do particularly well, but germany and italy maybe next year have a potential surprise on the upside. >> how much of a surprise? >> it will not be a fast recovery. the ecb will be forced to do more, but they'll be drald dragged into it. so things will have to get worse before they act. so i don't really think -- >> what more actions? they have a t program waiting to go. what more actions are you talking about? >> the key policy rate for the ecb is likely indeed in the first quarter. they can take dpopt deposit rate negative. by the middle of next year, they'll be doing outright qe. i've been talking about this for ages. they haven't done it so maybe they won't do it. but i'm as
>> the uk at the moment is showing clear signs of recovery. i think if we can through the first quarter of nkts year, it all will be recovering. i don't care expect this to be a real turn until the second half. as we go into the second half of next year, it will become clearer. even the eurozone is recovering. within that, you'll have very much the laggards. france won't do particularly well, but germany and italy maybe next year have a potential surprise on the upside. >> how much...
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Dec 23, 2012
12/12
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music video and his song "one pound fish" a contender to tonight uk singles chart at christmas. >> when you have a record as massive as "gangnam style" someone else has thought what's going to be the next record? probably doesn't cost an awful lot of money to make the video. that's the great thing with the internet with youtube, you've got this incredible instance distribution around the planet. >> i think i'm looking at dream and someone touch me and i will wake up. so please don't touch me. i don't want to wake up. i want to live this dream. >> reporter: naz zeer's celebrity perhaps greatest at queens market where he is known as the one-pound fish man. everyone here seems to know his tune. >> one pound fish, very, very good. one pound fish. >> one pound fish. come on, ladies. one-pound fish. were roerpt stall keepers have one pound envy r >> come down here, listen to my song and arrange it had a bit but good luck to him u. >> what's your song? >> pound, would you like a pound? >> reporter: for naz zeer, it is not just about the song, it is also about the dance. >> let's start. >> all
music video and his song "one pound fish" a contender to tonight uk singles chart at christmas. >> when you have a record as massive as "gangnam style" someone else has thought what's going to be the next record? probably doesn't cost an awful lot of money to make the video. that's the great thing with the internet with youtube, you've got this incredible instance distribution around the planet. >> i think i'm looking at dream and someone touch me and i will wake...
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Dec 16, 2012
12/12
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i'm not sure it's in uk law but they don't put it in law. and now, state of new york, resolution authority. so you get some consistency around the world. and i have anything that it will work for nonbank. whether it works for the biggest banks in the world, the first part is -- [inaudible]. they are so diverse and so big, it will be a long while before we see this infinite failure. but i think theoretically -- [inaudible] but it would have worked for leave and. it would have worked for aig. i have no doubt in my mind we could have handled it. >> so what is your thought speak with the problem is beyond my pay grade. this is a really big problem, how we deal with the too big to fail problem, and the man on my right says he would do with it too big to fail problem with the content bank in ellicott and that was bailed out. that was not his first too big to fill problem. the too big to fill problem occurred before the. there were cries for loans and lockheed loans, and i argued in 1914, treasury secretary magnitude bill that new york city because
i'm not sure it's in uk law but they don't put it in law. and now, state of new york, resolution authority. so you get some consistency around the world. and i have anything that it will work for nonbank. whether it works for the biggest banks in the world, the first part is -- [inaudible]. they are so diverse and so big, it will be a long while before we see this infinite failure. but i think theoretically -- [inaudible] but it would have worked for leave and. it would have worked for aig. i...
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Dec 13, 2012
12/12
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>> well, none have is 00% committed in doing so, except the uk and sweden. the others have indicated that they will look into it and there's the expectation they will join. maybe not immediately, maybe somewhere down the road. but at least they want to join. it remains to be seen whether they can join from the word go. in terms of which banks are being supervised, i think this is a typical eu compromise and maybe not a bad one. remember, france wanted all 6,000 banks being supervised. the germans said only 30 or so. we ended up with something closer to 150. and the option for the ecb pinpoint ago problem, even if it's the smaller banks saying, we have a problem there. we have to pull that into our supervision, they can do that. that seems to be the provision that we have here at the moment. so i think everybody could be out there and say, we won a little bit and that's how eu decisions usually work. you have to end up in a consensus that everybody can live with and at least we get a law that deserve tess name on track and then it could become operational in
>> well, none have is 00% committed in doing so, except the uk and sweden. the others have indicated that they will look into it and there's the expectation they will join. maybe not immediately, maybe somewhere down the road. but at least they want to join. it remains to be seen whether they can join from the word go. in terms of which banks are being supervised, i think this is a typical eu compromise and maybe not a bad one. remember, france wanted all 6,000 banks being supervised. the...
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Dec 14, 2012
12/12
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as you can see there, the uk gilt is telling offer a little bit. yield riding to 1.78%. whether it's the bund or even yields in spain are falling as prices rise a little bit. so there is light at the end of the tunnel according to our next guest. he says the global economy is close to reaching its weakest point before recovery sets in. he's robert cohen, chief equity strategist. woke. >> good morning. >> we just heard rob doddson talking through some of these results. unfortunately, we saw some signs of weaker demand, especially global demand in these reports. but perhaps what is consistent with what you're saying, why is it your view that that is going to happen? >> sometimes you need to pull away. you move away from the fundamentals a little bit on the month to month improvements. if you look at 2013 as a whole, the big headwinds you've had in a number of years, fiscal austerity is largely the sarp in europe year on year. 2014, that comes up quite quickly. 2013 is largely going to be the final year of the crushing deleveraging if you like on the european banks. so esse
as you can see there, the uk gilt is telling offer a little bit. yield riding to 1.78%. whether it's the bund or even yields in spain are falling as prices rise a little bit. so there is light at the end of the tunnel according to our next guest. he says the global economy is close to reaching its weakest point before recovery sets in. he's robert cohen, chief equity strategist. woke. >> good morning. >> we just heard rob doddson talking through some of these results. unfortunately,...
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Dec 21, 2012
12/12
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as for the west, we are seeing that rain pushed in across the uk, down into much of france. flooding is likely. it should be fine across much of the iberian peninsula, 15 degrees expected in madrid. further east, this extends through north africa, so for both tripoli and benghazi, it will be cloudy, the chance of some showers. 19 degrees in cairo as a maximum. along the coast, for the west, whitely dryer -- likely dryer. solutions for america, friday, 7:00 p.m. eastern, 4:00 p.m. pacific. >> hello again. top stories on al jazeera, at least 30 people have been killed in southeastern kenya. the deaths in the delta region have been blamed on fighting between the orma and pokomo tribes. the first round of the draft for the egyptian constitution is planned for friday. u.s. president barack obama says he will work with congress to avert spending cuts and tax hikes in the new year. where republicans budget bill to avert the -- a republican budget bill to avert hit the fiscal cliff was killed in the house. 20 people have been killed in flash floods and landslides in sri lanka. 14 pe
as for the west, we are seeing that rain pushed in across the uk, down into much of france. flooding is likely. it should be fine across much of the iberian peninsula, 15 degrees expected in madrid. further east, this extends through north africa, so for both tripoli and benghazi, it will be cloudy, the chance of some showers. 19 degrees in cairo as a maximum. along the coast, for the west, whitely dryer -- likely dryer. solutions for america, friday, 7:00 p.m. eastern, 4:00 p.m. pacific....
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Dec 28, 2012
12/12
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guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ag
guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not...
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Dec 6, 2012
12/12
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some rain is going to be seen across the southern portions of the uk, though. what this is going to be bringing is the risk of flooding. last week you saw very significant flooding here, and the ground is already stamp rated so you do not need any more rainfall coming across this yair. speaking of flooding, turkey, flashflooding, also at risk of a strong and severe storm system pushing across the country on your friday and going into the weekend. temperatures remain rather cold into the west, moscow, mais now 4 for your high, and 5 and 6 in london and paris starting off your weekend. now here's a look at your extended forecast. ♪ >>> we'll be back with more updates in 30 minutes. i'm gene otani in tokyo.
some rain is going to be seen across the southern portions of the uk, though. what this is going to be bringing is the risk of flooding. last week you saw very significant flooding here, and the ground is already stamp rated so you do not need any more rainfall coming across this yair. speaking of flooding, turkey, flashflooding, also at risk of a strong and severe storm system pushing across the country on your friday and going into the weekend. temperatures remain rather cold into the west,...
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Dec 27, 2012
12/12
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i'm pondering is when you look at how much qe has taken place in japan compared to, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger problems, much bigger problems in terms of the demographic in terms of the structural hold back. so there are a lot of sectors at play now. i think one of the names that the boj has is whether this will work or not. but if were looking at it more from a yen perspective, certainly two things are going to drive the yen are going to be the relative price of the boj balance sheets with respect to, perhaps, the fed and the ecb and the other being the jgb. >> and briefly, in summary, what are your favorite strategic calls? >> the strategic calls for us are going to be buying the rupee against the yen. we are looking
i'm pondering is when you look at how much qe has taken place in japan compared to, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger...
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Dec 11, 2012
12/12
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as you noted, despite the monetary easing from the bank of england, the uk economy was flat. what more they think could the bank of england to and i wanted to know what you think, if there would be any gain in following the approach in canada or the u.s. in specifying how long interest rates would remain low. if you disagree with that, why? >> we do not believe in the bank of england that we have a crystal ball which enables us to foretell the future. so we simply do not know what we will be deciding six months, 12 years, -- 12 months, two years from now. what is important is to have sufficient transparency about how we will react to events as they unfold. we certainly do not want to want to leave vast uncertainty about our future actions. instead of saying interest rates will be low, but we would rather say is, we would rather talk about the actions in a way people are confident how we might react to events as they unfold. the proof of the success is that is that if you look at market interest rates, there is little difference in terms of what markets expect the yield curve
as you noted, despite the monetary easing from the bank of england, the uk economy was flat. what more they think could the bank of england to and i wanted to know what you think, if there would be any gain in following the approach in canada or the u.s. in specifying how long interest rates would remain low. if you disagree with that, why? >> we do not believe in the bank of england that we have a crystal ball which enables us to foretell the future. so we simply do not know what we will...
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Dec 11, 2012
12/12
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delta, more business over to the uk, lucrative business. we'll talk to the ceo of delta in a few minutes. rick santelli tracking the action at the c mulch e. what was it like today? >> it wasn't bad. we're going to give this auction a hook, an absolutely dead smack in the middle of the curve c. there's some strange inputs in this auction. $32 million yields a .327, which is exactly in the middle bitten off on wi. so pricing is fine. if you look at internals, a bid to cover -- to find a lower bid to cover they have to go back to february. if you look at direct bidding at 24.8, that is a record. that's almost twice 13%. if you look at indirect bids it's almost exactly the opposite. 22.9 well below 32% auction average and lowest since may of '07. we walk away thinking not so great. now that yield i mentioned, .327 is a record all-time low yield for the threes. after i sypher all that we come up with an average and look forward to $21 billion, ten years, early auction because of the fed decision. back to you, tyler. >> rick, thank you very much
delta, more business over to the uk, lucrative business. we'll talk to the ceo of delta in a few minutes. rick santelli tracking the action at the c mulch e. what was it like today? >> it wasn't bad. we're going to give this auction a hook, an absolutely dead smack in the middle of the curve c. there's some strange inputs in this auction. $32 million yields a .327, which is exactly in the middle bitten off on wi. so pricing is fine. if you look at internals, a bid to cover -- to find a...
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Dec 24, 2012
12/12
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CNNW
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spain, italy, the uk, all found austerity taking its toll even more as unemployment continued to rise in some of those countries. even the large country, the economic powerhouse germany found its slelf slowing down. the root cause of it all was the inability of the european governments to come to policies to get growth started again. towards the middle and end of the year they did, but the tale was style there. very much austerity again and again. perhaps if there was only one change that took place as we moved into the fall and into the winter. it was the realization that most of these countries could take no more austerity. social welfare having been cut, health care cut, unemployment, growth virtually nonexistent. now the talk is not of more austerity, but how to get growth started again across the contine continent. suzanne. >> thank you, richard. >>> christmas, of course, is a time of giving, but there are many struggling families in boston that couldn't aafford to get their children he anything. this year for almost six decades help kamt not in santa's sleigh but in a big, brown
spain, italy, the uk, all found austerity taking its toll even more as unemployment continued to rise in some of those countries. even the large country, the economic powerhouse germany found its slelf slowing down. the root cause of it all was the inability of the european governments to come to policies to get growth started again. towards the middle and end of the year they did, but the tale was style there. very much austerity again and again. perhaps if there was only one change that took...
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Dec 4, 2012
12/12
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we'll keep our eye on the uk as we head toward the bank of england meeting this week p. dollar index has hit a one month low. you're redollar up to euro-dollar up near the high we saw yesterday. dollar-yen moving away from the 7 1/2 month high. rebounding against the dollar and the euro ir, as well. priced in a lot in terms of monetary policy out of japan. and aussie dollar, 1.0463, yes, we have cut the cash rate in australia to match the record low of 3%. but we see the aussie dollar rise because it's pretty much all priced in. sterling-dollar also getting a benefit. back over 1.61. so that's where we stand in european trade. let's recap the asian trading session for the first time today, when you not the last. >> thank you, ross.not the last. >> thank you, ross. shanghai composite recovered from its four year low as property financials, rebounded. shale gas and geothermal plays also rallied as beijing plans to cut its annual coal consumption target by 2015. the hang seng finished m eed marginally in the green. losses in the services sector capped the up side. in japan,
we'll keep our eye on the uk as we head toward the bank of england meeting this week p. dollar index has hit a one month low. you're redollar up to euro-dollar up near the high we saw yesterday. dollar-yen moving away from the 7 1/2 month high. rebounding against the dollar and the euro ir, as well. priced in a lot in terms of monetary policy out of japan. and aussie dollar, 1.0463, yes, we have cut the cash rate in australia to match the record low of 3%. but we see the aussie dollar rise...
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Dec 12, 2012
12/12
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MSNBCW
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france and the uk have already recognized the syrian rebel group. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. for thos...this...ions of doing break fromthis...liday stress. ...and this, dancing in their heads... ...we have these. home depot gift cards. give the gift of doing, in-store or online. >>> t
france and the uk have already recognized the syrian rebel group. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks,...
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Dec 8, 2012
12/12
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CSPAN2
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united states from the standpoint of technology, and even in the european countries, especially the uk, they have a one-payer system, but what happened is that one-payer system has caused long lines, health care is delayed getting to people, and the end result, the private sector that actually is formed. we as an organization are a big believer that the integration of care into a more -- a simpler mod'll it's under one roof or enabled in a society that can access care at single point and then be able to use it across the platform as a whole. we're not a big believer in a governmental sponsored only plan because it does not encourage innovation and does not encourage competitive aspects, and we think the competitive aspects will only make us better going forward. >> bruce, question slightly off the topic. being a texas a&m guy, what do you think of johnny manziel ask do you think can win the heisman? >> i have to tell you, the school is making me proud. the year i have been associated with texas a&m, i've never seen a better football team and i think he will win. a little off topic. >>
united states from the standpoint of technology, and even in the european countries, especially the uk, they have a one-payer system, but what happened is that one-payer system has caused long lines, health care is delayed getting to people, and the end result, the private sector that actually is formed. we as an organization are a big believer that the integration of care into a more -- a simpler mod'll it's under one roof or enabled in a society that can access care at single point and then...
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Dec 3, 2012
12/12
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. >> is dolmen all over the uk? >> that's correct. they're predominantly in ireland, but you look at ireland right now, they're actually going through the reforms. they're trying to inject money in a credit fashion into their economy. and we certainly think we can bring our fixed income expertise and continue to help them. >> that would make sense for cantor. ireland was the mf-will first they were in trouble, then the model for the world. what got them into trouble again, housing or real estate or something or bad banks or -- and now again they're kind of a model for everyone on how to handle it. is that basically the last five years? >> absolutely. certainly was a real estate bubble there. now there are austerity measures being put in place and they're actually following through on the austerity measures. so certainly they'll come out first and actually look pretty good. >> so where is the most business for you for cantor in ireland, what will you be doing? >> certainly it's an equity based firm. we'll bring our fixed income experti
. >> is dolmen all over the uk? >> that's correct. they're predominantly in ireland, but you look at ireland right now, they're actually going through the reforms. they're trying to inject money in a credit fashion into their economy. and we certainly think we can bring our fixed income expertise and continue to help them. >> that would make sense for cantor. ireland was the mf-will first they were in trouble, then the model for the world. what got them into trouble again,...
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Dec 11, 2012
12/12
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>> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that access between new york and london? >> yes. and it's about geography. singapore is a long way away from london. and the traffic flows between singapore and london are light. a couple hundred people a day between singapore and london. whereas the traffic flows between the u.s. and uk for business travelers represent $2 billion in annual revenue. so it's massive. massively larger, and the geography is a lot closer. >> you're expecting approval perhaps by the middle of next year. once that happens when will you say, okay, let's modify some of the flight schedules in terms o
>> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that...
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Dec 23, 2012
12/12
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uk's might remember this widely reported. in january 2007, think about that date january 2007, mike bloomberg and chuck schumer, commissioned a report from mckenzie when new york was falling behind compared to london. to be the support you can google it in 30 seconds. it's shocking the main problem, the single biggest thing holding back the u.s. economy is overly harsh regulation of credit derivatives. it's in this report you will start a section on credit derivatives, how we need less regulation of them otherwise london will take over global finance. what was amazing at the time is everybody agreed that this report. eliot spitzer was quoted saying how great this was. chuck schumer was one of the sponsors in the u.k. labor was running the u.k. and even the critics said this report showed that even the labor is kind of spending far too much money on the nhs at least they give regulation right. so there was a very widespread bipartisan kind of economic faculties of the western world bought into this and that played a very big r
uk's might remember this widely reported. in january 2007, think about that date january 2007, mike bloomberg and chuck schumer, commissioned a report from mckenzie when new york was falling behind compared to london. to be the support you can google it in 30 seconds. it's shocking the main problem, the single biggest thing holding back the u.s. economy is overly harsh regulation of credit derivatives. it's in this report you will start a section on credit derivatives, how we need less...
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Dec 10, 2012
12/12
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starbucks has been brought up before parliament in the uk to answer questions about why they are not keeping their tax money at home. the reason is, the tax rates are too high on corporate profit. bring them down and the taxes will stay at home and you won't have it problem at all. >> yeah, i think the real underlying problem is the bad state of the u.s. tax code that forces people it take advantage of things that are legal if not necessarily patriotic. >> these companies are following the rules. nobody is accusing them even of breaking rules. >> it is not illegal. >> we have to expect them to do exactly that. >> fix the underlie be problem and you fix this. then they might actually good to work under this country. >> we should say thank you for doing that. >> jc penney throwing in the towel on no coupons policy. 20% off on friends and family discount over the weekend. has ron johnson finally come around? or too little too late john karner? >> i was a buyer into the story line. when i saw bill akman give his presentation on how jc penney would turn things around with no more coupons,
starbucks has been brought up before parliament in the uk to answer questions about why they are not keeping their tax money at home. the reason is, the tax rates are too high on corporate profit. bring them down and the taxes will stay at home and you won't have it problem at all. >> yeah, i think the real underlying problem is the bad state of the u.s. tax code that forces people it take advantage of things that are legal if not necessarily patriotic. >> these companies are...
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Dec 13, 2012
12/12
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what happens in the uk and other places, it's an inquest to get information. that will regroup again in march. >> thank you. appreciate it. >>> another chapter in a bizarre story. it started with authorities in belize wants to talk to him about a murder. now antivirus founder john mcafee is back in the u.s., but might not be the end of the saga. unny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning
what happens in the uk and other places, it's an inquest to get information. that will regroup again in march. >> thank you. appreciate it. >>> another chapter in a bizarre story. it started with authorities in belize wants to talk to him about a murder. now antivirus founder john mcafee is back in the u.s., but might not be the end of the saga. unny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold...
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Dec 14, 2012
12/12
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average per capita income in china in a way that it really isn't in a place like the united states or uk or canada. >> max, let me get your take really on the broad question of where we are in the economy and what we're seeing in terms of selling right now. are you seeing business pick up, or do you think people are sort of sitting on their hands because we're worried about so many things out there, including the fiscal cliff? >> that's a great question, maria. apple's stock performance has a lot to do with the fiscal cliff. people are painting their years to try to benchmark against the s&p and re-base their apple which many will request into in q1 at the new higher price for tax reasons. that being said, apple is a luxury product, a luxury product that hasn't fully 100% delivered on the price premium, given the sensitivity in the market and the sensitivity about dysfunction in washington, all things being equal, that's something of a headwind and we should keep in mind, too, part of the bargain hunting has to do with concerns of growth that's been lately better news but pretty marked i
average per capita income in china in a way that it really isn't in a place like the united states or uk or canada. >> max, let me get your take really on the broad question of where we are in the economy and what we're seeing in terms of selling right now. are you seeing business pick up, or do you think people are sort of sitting on their hands because we're worried about so many things out there, including the fiscal cliff? >> that's a great question, maria. apple's stock...
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Dec 4, 2012
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. >>> anna wintour might be looking for an ambassadorship for the uk or france. >>> new york's mayor corey cory booker starts his food stamp challenge. >> starting to cut through the prejudice and ignorance about people who use supplemental programs and get people to a higher level of consciousness and understand that the common investment in programs like this and they are important. >>> newt gingrich is getting a cameo on parks and recreation. >>> game on, movie fans. they gave out their awards and the bulk went to two live stories, "lincoln" and "zero dark 30." well, anyway, the l.a. times had a fascinating article about how this influential group, the critics, is an oscar predictor. and by the way, they honored frankenweenie. you can prevent gas with beano meltaways, or treat gas with these after you get it. now that's like sunblock before or sun burn cream later. oh, somebody out there's saying, now i get it! take beano before and there'll be no gas. >>> if you're a conservative republican you might feel under attack this morning. a series of events point to a growing concern ov
. >>> anna wintour might be looking for an ambassadorship for the uk or france. >>> new york's mayor corey cory booker starts his food stamp challenge. >> starting to cut through the prejudice and ignorance about people who use supplemental programs and get people to a higher level of consciousness and understand that the common investment in programs like this and they are important. >>> newt gingrich is getting a cameo on parks and recreation. >>>...
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Dec 30, 2012
12/12
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but in fact, in every developed country from the uk, the european union and japan. >> and just to interrupt you, sean, that's probably why everybody says all of this money printing will lead to inflation. one of the reasons it hasn't really is because everybody's doing it. >> there's that reason and there's the underutilization, both in terms of the employment and also in terms of planned capacity. in fact, there are two different views of the investment universe under the current conditions. one is that all this money printing is masking miserable underlying conditions, that real wages haven't increased very much and the economy is in terrific shape. the other view is that the economy is okay and that this additional money printing will result in risk assets increasing in value. and you know, people in our shop, some people have the one view, other people have the other view. it's very interesting. we're in unusual times when additional research will go a long way in pointing out the mine fields. that's where we spend our time. >> that's where you do spend your time. you're independent, no
but in fact, in every developed country from the uk, the european union and japan. >> and just to interrupt you, sean, that's probably why everybody says all of this money printing will lead to inflation. one of the reasons it hasn't really is because everybody's doing it. >> there's that reason and there's the underutilization, both in terms of the employment and also in terms of planned capacity. in fact, there are two different views of the investment universe under the current...
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Dec 19, 2012
12/12
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central bankers from japan to the united states to europe to mark carnie pulled out of canada to be uk central banker. that's the big story. >> my people of the year would have been the teachers and students of sandy hook elementary. i think they have changed america forever. sue? >> i second that one, ty. >>> coming up, kayla with a very interesting app from bank of america. >> it is like the ghost of christmas future and we are all ebenezer scrooge. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva a
central bankers from japan to the united states to europe to mark carnie pulled out of canada to be uk central banker. that's the big story. >> my people of the year would have been the teachers and students of sandy hook elementary. i think they have changed america forever. sue? >> i second that one, ty. >>> coming up, kayla with a very interesting app from bank of america. >> it is like the ghost of christmas future and we are all ebenezer scrooge. look, if you...
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Dec 8, 2012
12/12
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the british foreign ministry is now confirming that the uk and the u.s. both have evidence suggesting that president al-assad in syria is using his government supplies including mixing chemical compounds and loading them on to bombs. syria is believed to have muss tared -- mustard gas and sarin. president obama said any attempt by syria to use chemical weapons against its own people will be met with consequence. >> and new developments in north korea as a planned rocket launch. the test fire was scheduled sometime on monday, but north korea's state media says scientists are seriously considering adjusting the time frame. meanwhile the u.s. is deploying warships to the region to monitor the situation there. north korea maintains it is just trying to put a satellite into orbit, but the u.s. says it is a cover for testing ballistic missal technology. >>> one week after a murder-suicide involving the kansas city chiefs player more sad news rocking the nfl. dallas cowboys ease nose tackle josh brent under arrest after a car crash that killed his teammate jerry
the british foreign ministry is now confirming that the uk and the u.s. both have evidence suggesting that president al-assad in syria is using his government supplies including mixing chemical compounds and loading them on to bombs. syria is believed to have muss tared -- mustard gas and sarin. president obama said any attempt by syria to use chemical weapons against its own people will be met with consequence. >> and new developments in north korea as a planned rocket launch. the test...
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Dec 14, 2012
12/12
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. >> you know, i'm from the uk. i still think england rules the world. everything is little in terms of england. seriously, it's had its run. it is a yield play, expensive. i think you have much better opportunities in the retail space which i do like but i think on the higher end. >> do you buy this stuff that mike duke the ceo says the fiscal cliff is hurting? i can already hear the parade of excuses coming down main street. >> right. a great excuse to have in place right now and that is the reason for the sell off. i think the sell off preempted everything. this is why this is an opportunity now. >> all right. we'll end the argument there and go to the jury. josh, who made the more compelling argument? >> simon made a really compelling argument but i think pete is right on the stock. the bottom line is this is a stock people want to own. it's not terribly expensive. technically, on a longer-term time frame than the 15-day moving average this has broken out of a massive range it has been stuck in for 12 years. i still think it works and we're long. >>
. >> you know, i'm from the uk. i still think england rules the world. everything is little in terms of england. seriously, it's had its run. it is a yield play, expensive. i think you have much better opportunities in the retail space which i do like but i think on the higher end. >> do you buy this stuff that mike duke the ceo says the fiscal cliff is hurting? i can already hear the parade of excuses coming down main street. >> right. a great excuse to have in place right...
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inching closer and closer to this government in exile, if you will, as being recognized by france, the uk, turkey, gulf cooperation council countries and now the united states. >> this is going to complicate things, because now at the same time we have this state department saying that a small portion of the rebels are terrorists. they are al qaeda. how does that complicate the situation? the u.s. is trying to support the rebels. the president says this is a legitimate organization, the government, and yet, you have terrorists inside on the ground as part of the rebel forces. >> these jihadi fighting forces are making the rebel advances by the way. when you hear them made in and around damascus and a big army base outside of aleppo overtaken by rebels, these are the fighting forces with training in iraq, the jihadis are foreigners. it's a small component but making advances. the head of the opposition group is criticizing the u.s. for designating this rebel group as a terrorist force perhaps he doesn't want to be seen as a puppet of the united states. by the way, the u.s. is now inviting
inching closer and closer to this government in exile, if you will, as being recognized by france, the uk, turkey, gulf cooperation council countries and now the united states. >> this is going to complicate things, because now at the same time we have this state department saying that a small portion of the rebels are terrorists. they are al qaeda. how does that complicate the situation? the u.s. is trying to support the rebels. the president says this is a legitimate organization, the...
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Dec 17, 2012
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want to bring in michelle caruso-cabrera as markets close in the uk and across europe. a lot going on. a lot in italy. >> it's an all-italian version of the european close right now, carl. mario monti, contrary to reports last week that he did not want to run for prime minister again, we now hear he's undecided, and may actually run for p.m. of the country. right now he serves technocratically. there's expected to be an election early next year, maybe in february or in march. he has told reporters that he's considering it. the cabinet member he spoke with earlier in the week said he's going to make an announcement sometime this week on television. when asked by reporters about his recent visit to the tomb of saint francis he said he did, indeed, pray there to help him make a decision about whether or not to run. a man eagerly awaiting monti's decision is silvio berlusconi, the former prime minister of italy. we're pretty sure he has not prayed at the tomb of st. francis lately. he has said that he devil wants to be run for prime minister again however at the same time h
want to bring in michelle caruso-cabrera as markets close in the uk and across europe. a lot going on. a lot in italy. >> it's an all-italian version of the european close right now, carl. mario monti, contrary to reports last week that he did not want to run for prime minister again, we now hear he's undecided, and may actually run for p.m. of the country. right now he serves technocratically. there's expected to be an election early next year, maybe in february or in march. he has told...
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Dec 24, 2012
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the uk was open. mexico's grupo bimbo -- >> it's right. >> grupo bimbo reportedly considering a bid for the hostess snack take. grupo bimbo -- >> that gets you, doesn't it? you're like in fourth grade. >> because it's -- i can't even -- >> because it says bimbo? >> i can't -- >> it's mexican, andrew. >> i know. >> you can't even get through the story because it says bimbo? >> it's been a tough morning. >> i'm going to make it tougher. >> -- considered the company an unlikely bidder because of possible -- >> as long as we're in a good mood. because you're reading grupo bimbo. i said orville redenbacher. i was wrong -- something reminded me of orville redenbach redenbacher. he did not wear -- >> it was red suspenders. >> and a red tie. >> okay. >> so we had -- did you see the popcorn guy? >> i did not see the popcorn guy. just saw the million man guy. the million mile man guy. >> i could have sworn -- i remembered a red something or other. >> i'll make you deal, how about suspenders and a bow tie on val
the uk was open. mexico's grupo bimbo -- >> it's right. >> grupo bimbo reportedly considering a bid for the hostess snack take. grupo bimbo -- >> that gets you, doesn't it? you're like in fourth grade. >> because it's -- i can't even -- >> because it says bimbo? >> i can't -- >> it's mexican, andrew. >> i know. >> you can't even get through the story because it says bimbo? >> it's been a tough morning. >> i'm going to make it...
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Dec 18, 2012
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the company says it's dropping legal cases in germany, the netherlands, italy, france and the uk. this comes one day after a federal judge denied a request by apple to ban u.s. sales of samsung smart phone models. the devices in questions are the ones that a jury back in august say illegally used apple technology. at that time apple had been awarded $1.1 billion in damages. >>> the markets, dow looks like it will open up about $68 points higher. s&p up about 10 points, the nasdaq up 22.5 points coming on some of this news that we may be getting closer on the fiscal cliff. let's check out what's going on in asia. hang seng was down off marginally. shanghai composite up marginally and the nikkei up as well. quickly in europe, you can take a look at what's going on there. the ftse up about 0.38%. cac flat, and the german dax up about 0.5. >> the white house is proposing a new deal to avoid the fiscal cliff. let's get to steve liesman with more of the details. >> you're surprised, aren't you? >> isn't it happening. >> soon as they want it done they can do it. >> you said it this morni
the company says it's dropping legal cases in germany, the netherlands, italy, france and the uk. this comes one day after a federal judge denied a request by apple to ban u.s. sales of samsung smart phone models. the devices in questions are the ones that a jury back in august say illegally used apple technology. at that time apple had been awarded $1.1 billion in damages. >>> the markets, dow looks like it will open up about $68 points higher. s&p up about 10 points, the nasdaq...
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Dec 3, 2012
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volatility. 2013 we are going to see a consistent disinvestment from developed equities and bought in the uk, europe, japan and the u.s. >> i got one bet for the new year. mike o'brien is going to pick the irish over alabama in the national championship game. >> all day, every day. >> mike o'brien of jpmorgan, thanks very much. >>> don't miss david faber and his exclusive cnbc interview with charter communications chief executive officer, thomas rutledge. it will be mr. rutledge's first sitdown since taking on that role in february. shares of charter gaining more than 30 prgs ov% over a one-yea. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. >>> rhetoric heating up over the fiscal cliff. will we see a deal by christmas? that was our poll question. 28% said yes. both sides know the
volatility. 2013 we are going to see a consistent disinvestment from developed equities and bought in the uk, europe, japan and the u.s. >> i got one bet for the new year. mike o'brien is going to pick the irish over alabama in the national championship game. >> all day, every day. >> mike o'brien of jpmorgan, thanks very much. >>> don't miss david faber and his exclusive cnbc interview with charter communications chief executive officer, thomas rutledge. it will be...
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Dec 11, 2012
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tests beginning in the uk for the first unmanned airplane flights. called jet stream. won't be carrying any passengers for now. >> i would say that's a good idea. >> think about it driverless cars. if you can have the car talk to the computer and the gps, satellite and program the coordinates and all pretty standard and clear, you can control congestion and the like. a lot of companies, including the agriculture companies, working on tractors and such have wen working on this a long, long time. >> can they drive stick? >> i don't know. that's a really john berman question. >> seems spooky to me. >> and glitches, right? always seeing glitches in technology. that's worry some. >> a lot of glitches in human driving. >> that's true. >>> 19 minutes past the hour right now the big bucks in the board room aren't what they used to be. the latest pay trend in corporate america, coming up. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you c
tests beginning in the uk for the first unmanned airplane flights. called jet stream. won't be carrying any passengers for now. >> i would say that's a good idea. >> think about it driverless cars. if you can have the car talk to the computer and the gps, satellite and program the coordinates and all pretty standard and clear, you can control congestion and the like. a lot of companies, including the agriculture companies, working on tractors and such have wen working on this a...
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Dec 28, 2012
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changers, that is one that has been flooded and it has worked extremely well and australia and the uk. the political aspect would be huge. >> low-income students are risk averse. they do not have secret bank accounts where they can address the situation. and if they fail, the burdens of being on them. they are less likely to pursue a college education if it means earning more than their parents do in a year. we expect pell grant recipients to graduate with more debt than middle and upper income students. they are anywhere from 150% more likely to graduate. we are burdening those the least capable of the most that. the problem is that they are going to impact access. >> the point before you go on, a lot of that is about communicating to families what this means. it is far from perfect, but they are borrowing well beyond their families capability, baking on the fact that they will be able to. i don't disagree that there isn't a perfect model, but i think it has huge potential. >> i want to move on to questions from the audience because i want to get in as many as possible. i think what
changers, that is one that has been flooded and it has worked extremely well and australia and the uk. the political aspect would be huge. >> low-income students are risk averse. they do not have secret bank accounts where they can address the situation. and if they fail, the burdens of being on them. they are less likely to pursue a college education if it means earning more than their parents do in a year. we expect pell grant recipients to graduate with more debt than middle and upper...